activities report 3 months ended 31 december 2007 - UraniumSA

About UraniumSA LtdUraniumSA is an Adelaide-baseduranium-only explorer specialising inpalaeochannel or rollfront and unconformitystyles of uranium mineralisation within asubstantial portfolio of properties in SouthAustralia’s Gawler Craton.The focus of the rollfront uranium search iswithin its substantial tenement holding overthe highly regarded KingoonyaPalaeodrainage System which hosts theWarrior and Ealbara uranium prospectsin adjoining tenements.The Company has discovered sedimenthosteduranium mineralisation atMullaquana on the eastern seaboard ofEyre Peninsula. Drilling to define theenvelope of mineralisation is presentlyunderway.Russel BluckManaging DirectorUraniumSA LimitedThe exploration results reported herein, insofar as they relate to mineralisation, are based on information complied by Mr. Russel Bluck aMember of the Australian Institute of Geoscience and an employee of UraniumSA Limited. Mr Bluck has sufficient experience relevant to thestyle of mineralisation and type of deposits being considered and to the activity, which he is undertaking to qualify as a Competent Person asdefined by the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORCCode, 2004 Edition). Mr Bluck consents to the inclusion in the report of matters based on his information in the form and context in which itappears. It should be noted that the abovementioned exploration results are preliminary.